
Cheap Apartments for Rent in the Canal Walk Neighborhood of Indianapolis, IN from $500 (94 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in the Canal Walk area of Indianapolis.


INDY INDIE ARTIST COLONY

Windsor

Barbee

The Harrison

550 Fletcher Ave

Capitol Manor

Victoria Apartments

Canal Gardens

Chelsea Manor
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Madison Apartments

Mayleeno

Senate Manor

The Seminole

Campus Townhomes

Stonegate Apartments

Raleigh

Van Dyke

The Maryden

The Congress at Library Square
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Grid

The McKay

The Richelieu

Illinois Street Senior Apartments

Blacherne Apartments

The 101

230 E 9th St

The Pennsylvania

312 E 13th St

Wyndham on Delaware
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

230 E 9th St, Unit 304, Unit 304

450 N Massachusetts Ave

Turnverein Apartments

Indiana Flats and Townhomes

Pointe on Mass

243 E 11th St

St. Joseph Flats

Kennedy Apartments

250 S Meridian St

Genesee Apartments
Canal Walk - One of the Best Affordable Neighborhoods in Indianapolis
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

825 Camp St

1249 Brooks St

425 Massachusetts Ave

Real Silk Lofts
Canal Walk, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Canal Walk?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Canal Walk Studio Apartments | $1,210 | $200 | $3,495 |
| Canal Walk 1 Bedroom Apartments | $1,599 | $800 | $4,071 |
| Canal Walk 2 Bedroom Apartments | $2,242 | $846 | $5,130 |
| Canal Walk 3 Bedroom Apartments | $2,876 | $1,900 | $7,290 |
| Canal Walk 4 Bedroom Apartments | $1,481 | $979 | $5,787 |
Browse Apartments in this Neighborhood
There are currently 94 rentals with your search options within a 1 mile radius of the Canal Walk Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
Frequently Asked Questions about Cheap Canal Walk Apartments
What is a cheap apartment in Canal Walk?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Canal Walk is under $933.
What is the price of a cheap apartment in Canal Walk?
The cheapest apartment in Canal Walk is INDY FLATS which is listed at $830, while the average apartment in Canal Walk costs $2,200.
What types of apartments are the cheapest in Canal Walk?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 88 regular apartments in Canal Walk that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Canal Walk?
Cheap apartments in Canal Walk have an average cost of $397 which is $1,803 cheaper than the average rent for all rentals in Canal Walk.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis
Written by: Wendy Melton
Indianapolis is not only the state capital of Indiana, it’s also a shining example of what Midwestern living is all about. I’m Wendy, your ApartmentHomeLiving.

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Written by: Wendy Melton
Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Written by: Wendy Melton
My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
Articles, How-To's, and Tips

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.